Cheap homes for sale & real estate in 87122, NM

22 homes

Sort:

Recommended

ABOUT THIS HOME
Cheap Home for sale in 87122, NM:
* * Price Reduced * * * this darling townhome with views of the Sandia Mountains and city lights from your front balcony is waiting for a new owner. Tucked away down a quiet lane, this original owner townhome is perfect to make your own, and/or as an investment property. Some updates done, cleaned and move-in ready, freshly painted throughout including garage. All living spaces are upstairs to include a spacious, light and bright living room with fireplace, wet bar and built-ins. .. kitchen with nook and access to a gated backyard. Perfect location with easy access to Tramway, Paseo del Norte, close to hiking, and the Sandia tram.

$345,000

2 beds2 baths1,481 sq ft

845 Llave Ln NE, Albuquerque, NM 87122

Gated backyard • Wet bar • Fireplace

ABOUT THIS HOME
Cheap Home for sale in 87122, NM:
Imagine building your dream home on . 89 acres in North Albuquerque Acres, with mountain views and open skies. Conveniently located with easy access to schools, shopping, dining, and outdoor recreation, this property provides an excellent opportunity for a custom home or a long-term investment. The lot is surrounded by established custom residences and is serviced by nearby utilities, offering both practicality and potential. With generous dimensions and a prime location, this parcel provides flexibility, value, and the perfect canvas to create a home tailored to your vision.

$350,000

— beds— baths— sq ft

9321 Modesto Ave NE, Albuquerque, NM 87122

Generous dimensions • Prime location • 0.89 acre lot

ABOUT THIS HOME
Cheap Home for sale in 87122, NM:
An exceptional opportunity to build your custom dream home in one of Albuquerque's most coveted neighborhoods. This rare vacant lot offers breathtaking views of the Sandia Mountains and the city below. Located in SANDIA HEIGHTS, where privacy and natural beauty come together, this property is one of the few remaining undeveloped parcels in the area. Enjoy access to nearby trails, serene surroundings, and a peaceful lifestyle just minutes from shopping, dining, and services. Don't miss it!

$385,000

— beds— baths— sq ft

1239 Rockrose Rd NE, Albuquerque, NM 87122

Breathtaking views • Sandia mountains • Nearby trails

ABOUT THIS HOME
Cheap Home for sale in 87122, NM:
Wonderful views of the city and mountain, this lot is nestled in the Sandia Mountains and close to the National Forest. This land is in a secluded and quiet area.

$85,000

— beds— baths— sq ft

Evergreen Hills 3 Lot 1 NE, Albuquerque, NM 87122

Secluded area • Views of the city • Quiet area

ABOUT THIS HOME
Cheap Home for sale in 87122, NM:
One-of-a-Kind North Albuquerque Acres Lot! Unobstructed Sandia Mountain and city views with no comparable alternatives at this price. Rare, affordable opportunity in a luxury neighborhood. In flood zone, but with proper grading and drainage this could be the perfect site for your dream home.

$250,000

— beds— baths— sq ft

Oakland Ave NE, Albuquerque, NM 87122

Luxury neighborhood • 0.89 acre lot • Listed 62 days

Property at 9008 Eagle Rock Ave NE, Albuquerque, NM 87122

$300,000

— beds— baths— sq ft

9008 Eagle Rock Ave NE, Albuquerque, NM 87122

Property at 10000 Oakland Ave NE, Albuquerque, NM 87122

$174,000

— beds— baths— sq ft

10000 Oakland Ave NE, Albuquerque, NM 87122

Property at 252 Spring Creek Pl NE, Albuquerque, NM 87122

$399,000

— beds— baths— sq ft

252 Spring Creek Pl NE, Albuquerque, NM 87122

Property at 9227 Alameda Blvd NE, Albuquerque, NM 87122

$189,000

— beds— baths— sq ft

9227 Alameda Blvd NE, Albuquerque, NM 87122

Property at Eagle Rock Ave NE, Albuquerque, NM 87122

$275,000

— beds— baths— sq ft

Eagle Rock Ave NE, Albuquerque, NM 87122

Property at 9920 Oakland Ave NE, Albuquerque, NM 87122

$174,000

— beds— baths— sq ft

9920 Oakland Ave NE, Albuquerque, NM 87122

Property at 11620 Wilshire Ave NE, Albuquerque, NM 87122

$450,000

— beds— baths— sq ft

11620 Wilshire Ave NE, Albuquerque, NM 87122

Property at 12110 Palomas Ave NE, Albuquerque, NM 87122

$288,800

— beds— baths— sq ft

12110 Palomas Ave NE, Albuquerque, NM 87122

Property at 9840 Ranchitos Rd NE, Albuquerque, NM 87122

$325,000

— beds— baths— sq ft

9840 Ranchitos Rd NE, Albuquerque, NM 87122

Property at 11250 Corona Ave NE, Albuquerque, NM 87122

$225,000

— beds— baths— sq ft

11250 Corona Ave NE, Albuquerque, NM 87122

Property at 1562 Eagle Ridge Ct NE, Albuquerque, NM 87122

$370,000

— beds— baths— sq ft

1562 Eagle Ridge Ct NE, Albuquerque, NM 87122

Property at 10510 San Bernardino Ave NE, Albuquerque, NM 87122

$225,000

— beds— baths— sq ft

10510 San Bernardino Ave NE, Albuquerque, NM 87122

Property at Palomas Ave NE, Albuquerque, NM 87122

$450,000

— beds— baths— sq ft

Palomas Ave NE, Albuquerque, NM 87122

Property at 9001 Modesto Ave NE, Albuquerque, NM 87123

$250,000

— beds— baths— sq ft

9001 Modesto Ave NE, Albuquerque, NM 87123

Property at 10650 Elena Ave NE, Albuquerque, NM 87122

$375,000

— beds— baths— sq ft

10650 Elena Ave NE, Albuquerque, NM 87122

Property at 9834 Desert Lark Pl NE #33, Albuquerque, NM 87122

$289,000

— beds— baths— sq ft

9834 Desert Lark Pl NE #33, Albuquerque, NM 87122

Property at Del Rey Ave NE, Albuquerque, NM 87122

$412,000

— beds— baths— sq ft

Del Rey Ave NE, Albuquerque, NM 87122

Viewing page 1 of 1

Cheap Homes for Sale in 87122

There are currently 22 cheap homes for sale in 87122 at a median listing price of $813K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 87122 stay on the market for 86 days and receive 4 offers. This map is refreshed with the newest listings in 87122 every 15 minutes.

In the past month, 21 homes have been sold in 87122. In addition to houses in 87122, there was also 1 condo, 2 townhouses, and 0 multi-family units for sale in 87122 last month. Find your dream home in 87122 using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in 87122 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 87122. If you're looking to sell your home in the 87122 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 87122 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

More real estate resources for 87122, NM

Cities

Nearby Zip Codes

Nearby Zip Codes with Cheap Homes

Nearby Cities with Cheap Homes

More to explore in 87122, NM

How to buy a house in 87122, NM

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in New Mexico

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.